In the last few weeks, there has been an increase in the number of indicators pointing towards a global economic slowdown. Historically the economy progresses in decade-long cycles. Recent history has been no different with mild recessions in ‘90 and ‘01, and the Global Financial Crisis in 2008. A few weeks ago, Canada, the United States, and Germany’s long-term bonds became less valuable than short-term bonds, signalling investors speculating uncertain times ahead. Whether we’re headed towards a recession, or this is just a sign of lower interest rates in the near future, this could present some fresh opportunities in the real estate market.
If you’re interested in learning more about the best investment opportunities in Hamilton, our team is always happy to help. Give us a call or stop by our downtown office!